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Rental Market Trends in Fort Wayne, IN

What is the average rent in Fort Wayne, IN?

$957/month

Average Rent

685 Sq Ft

Average Apartment Size

+1.1%

Increase in the Last Year

As of July 2025, the average rent in Fort Wayne, IN is $957 per month. This is 42% lower than the national average rent of $1,637/month, making renting in Fort Wayne more affordable than most cities in the US. When you rent an apartment in Fort Wayne, you can expect to pay about $788 per month for a studio, $957 for a one-bedroom apartment, and around $1,215 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,432 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$788/month
418 Sq Ft
One Bedroom
$957/month
685 Sq Ft
Two Bedroom
$1,215/month
1,011 Sq Ft
Three Bedroom
$1,432/month
1,283 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$839/month
389 Sq Ft
Two Bedroom
$1,135/month
594 Sq Ft
Three Bedroom
$1,501/month
927 Sq Ft
Four Bedroom
$1,965/month
1,152 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$873/month
521 Sq Ft
Two Bedroom
$1,597/month
522 Sq Ft
Three Bedroom
$1,515/month
591 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,511/month
589 Sq Ft
Three Bedroom
$1,424/month
1,300 Sq Ft

How much has average rent changed in Fort Wayne, IN?

In the past year, rent has increased by 1.1%, which averages out to $11 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Fort Wayne, IN
Last Updated July 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Fort Wayne, IN
Percentage*
Rent Range
16% Below $700/month
33% $700 - $1,000/month
30% $1,001 - $1,500/month
17% $1,501 - $2,000/month
3% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Fort Wayne?

Based on current rent prices, Bridgedale Terrace, South Fort Wayne and Blackhawk are the most affordable neighborhoods in Fort Wayne.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Bridgedale Terrace
$790/month
674 Sq Ft
South Fort Wayne
$888/month
700 Sq Ft
Blackhawk
$913/month
600 Sq Ft
Lake Forest
$913/month
600 Sq Ft
The Knolls
$913/month
600 Sq Ft
South Bridge
$949/month
709 Sq Ft
Canterbury Green
$996/month
817 Sq Ft
West Central
$1,003/month
647 Sq Ft
Highland Park Forest
$1,016/month
629 Sq Ft
Bass-Leesburg Civic
$1,045/month
599 Sq Ft

What are the most expensive neighborhoods in Fort Wayne?

Based on current rent prices, The Landing Historic District, Brookview Civic and Downtown Fort Wayne are the most expensive neighborhoods in Fort Wayne.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
The Landing Historic District
$1,852/month
855 Sq Ft
Brookview Civic
$1,637/month
787 Sq Ft
Downtown Fort Wayne
$1,577/month
825 Sq Ft
Dupont Estates
$1,288/month
743 Sq Ft
The Oaks
$1,284/month
743 Sq Ft
Spy Run
$1,154/month
799 Sq Ft
Southwest Fort Wayne
$1,149/month
735 Sq Ft
North Fort Wayne
$1,143/month
720 Sq Ft
Covington Dells
$1,143/month
700 Sq Ft
North Shores
$1,141/month
637 Sq Ft

Which Fort Wayne neighborhoods have the most rentals available?

The neighborhoods in Fort Wayne with the most apartments available are North Fort Wayne, Southwest Fort Wayne and Downtown Fort Wayne .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
North Fort Wayne
$1,143/month
720 Sq Ft
Southwest Fort Wayne
$1,149/month
735 Sq Ft
Downtown Fort Wayne
$1,577/month
825 Sq Ft
The Landing Historic District
$1,852/month
855 Sq Ft
Canterbury Green
$996/month
817 Sq Ft
The Oaks
$1,284/month
743 Sq Ft
Northside
$1,064/month
760 Sq Ft
South Fort Wayne
$888/month
700 Sq Ft
Dupont Estates
$1,288/month
743 Sq Ft
Lakeside Park
$1,095/month
786 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Fort Wayne, IN?

Because the average rent in Fort Wayne is $957, you’ll want to make about $3,190 per month or $38,280 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

Cost of Living

The cost of living in Fort Wayne, IN is 8.9% lower than the national average. Generally, housing in Fort Wayne is 21.1% less expensive than the national average, with rent falling between $788 - $1,432. You can expect to pay 1.1% less for groceries, 8.5% less for utilities, and 0.7% more for transportation.

City

Fort Wayne, IN

1,929 Available Apartments for Rent

Search for Nearby Apartments

How does Fort Wayne, IN compare to other nearby cities and neighborhoods?

Use the tool below to compare Fort Wayne, IN to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Fort Wayne, IN

Apartment Averages

Bridgedale Terrace

Fort Wayne, IN

The Landing Historic District

Fort Wayne, IN

Studio
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-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
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-
Search
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Nearby City Rent Trends

  • New Haven Average Rent

Apartment communities in Fort Wayne we think you'll love

Dupont Lakes Apartments

Dupont Lakes Apartments

3302 Vantage Point Dr,
Fort Wayne, IN 46825

1-2 Beds | $1,064 - $1,910

Skyline Tower

Skyline Tower

855 Webster St,
Fort Wayne, IN 46802

Studio - 3 Beds | $1,269 - $2,559

Gateway Apartments

Gateway Apartments

9114 Parent Rd,
New Haven, IN 46774

2 Beds | $1,550

Coventry Court West

Coventry Court West

5810 Meadows Dr,
Fort Wayne, IN 46804

1-3 Beds | $949 - $1,749

Property Management Companies in Fort Wayne, IN

CYM Living
CYM Living
  • 46

    Communities

  • 9,642

    Units

  • 13

    Cities

10 Communities in Fort Wayne
Edward Rose & Sons
Edward Rose & Sons
  • 140

    Communities

  • 70,911

    Units

  • 85

    Cities

4 Communities in Fort Wayne
Birge & Held
Birge & Held
  • 95

    Communities

  • 20,575

    Units

  • 47

    Cities

4 Communities in Fort Wayne
Mid-America Management
Mid-America Management
  • 15

    Communities

  • 5,729

    Units

  • 8

    Cities

4 Communities in Fort Wayne
BAM Companies
BAM Companies
  • 24

    Communities

  • 5,627

    Units

  • 20

    Cities

3 Communities in Fort Wayne
IGC Residential Property Management
IGC Residential Property Management
  • 27

    Communities

  • 3,569

    Units

  • 18

    Cities

3 Communities in Fort Wayne
Soundview Equities, LLC.
Soundview Equities, LLC.
  • 21

    Communities

  • 3,300

    Units

  • 7

    Cities

3 Communities in Fort Wayne
Morgan Properties
Morgan Properties
  • 326

    Communities

  • 97,970

    Units

  • 199

    Cities

2 Communities in Fort Wayne

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United States Indiana Fort Wayne Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity